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Sandy, UT—84093

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$811,000
3.6% YoY Growth
Household Income
$132,000
27.5% YoY Growth
Days on Market
36
5.0% Longer YoY
Home Price Forecast
-0.3%
Median Rent
$2,900
3.6% YoY Growth
1-Bed Rent
$1,300
6.4% YoY Growth
2-Bed Rent
$1,550
1.8% YoY Growth
3-Bed Rent
$1,950
11.3% YoY Growth

Other Zip Codes in Sandy, UT

8409284070
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Sandy, UT

As of May '26, the median home price in Sandy, UT is $811,000, with a year-over-year change of 3.6%. This indicates that home prices in Sandy, UT are increasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$811,0003.6%
Single Family $805,0003.3%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$571,0002.9%
    3 Bed
    		$686,0003.0%
    4 Bed
    		$755,0003.1%
    5 Bed $930,8193.7%
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    % of Housing Stock

    Studio
    0.4%
    1 Bedroom
    0.1%
    2 Bedrooms
    4.3%
    3 Bedrooms
    17.8%
    4 Bedrooms
    35.9%
    5+ Bedrooms
    41.5%

    Rental Trends — Sandy, UT

    As of July '25, Rentcast reports the average rent in Sandy, UT is $2,840, with a year-over-year rent change of 3.6%. Per bedroom, the median rent as of July '25 in Sandy, UT is 1-bedrooms: $1,330, 2-bedrooms: $1,620, 3-bedrooms: $2,110, 4-bedrooms: $3,220. The most common rental property sizes in Sandy, UT are 3-bedroom and 4-bedroom, accounting for 37.6% and 29.7% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,900$2,840
    Studio Rent N/AN/A
    1 Bed Rent $1,300$1,330
    2 Bed Rent $1,550$1,620
    3 Bed Rent $1,950$2,110
    4 Bed Rent $3,000$3,220
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    % of Rental Stock

    Studio
    1.0%
    1 Bedroom
    1.1%
    2 Bedrooms
    14.6%
    3 Bedrooms
    37.6%
    4 Bedrooms
    29.7%
    5+ Bedrooms
    15.9%

    Property Listings — Sandy, UT

    As of May '26, Realtor.com reports that the median days on market for a home in Sandy, UT is 36. This is a increase of 5.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$1,100,00022.0%
    Listing Count
    		5525.0%
    Listings as % of Homes0.4%25.0%
    Days on Market
    		365.0%
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    Demographics — Sandy, UT

    As of the latest ACS Survey released in 2023, Sandy, UT has a population of 24,000, which has increased by 2.1% over the past 5 years. Sandy, UT is a popular place for families, as children make up 27.4% of the population. The area has a highly educated workforce, with 53.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		24,0002.1%
    % Under 18
    		27.4%5.0%
    % Seniors
    		18.4%19.5%
    % WFH
    		22.0%101.8%
    % w/ College Degree
    		53.3%3.9%
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    As of the latest ACS Survey released in 2023, Sandy, UT is a predominantly white area, with 87.4% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Sandy, UT is hispanic, making up 4.7% of the population. Foreign-born residents account for 5.8% of the population in Sandy, UT, and this percentage has decreased by 9.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		87.4%-2.7%
    % Black
    		1.0%42.9%
    % Hispanic
    		4.7%46.9%
    % Asian
    		2.3%-41.0%
    % Foreign Born
    		5.8%-9.4%
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    Mortgage and Risk — Sandy, UT

    According to HUD data as of 2023, there were 446 mortgage originations in Sandy, UT, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 41.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Sandy, UT. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		446
    % Conventional Loans
    		95.0%
    % Government Loans
    		5.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		12.0%
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    Rentals and Section 8 — Sandy, UT

    As of 2024, the percent of homes in Sandy, UT under the Section 8 program is 2.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Sandy, UT, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

    Section 8 Market Size

    Total Units under HUD
    		7
    Total Units Section 8
    		7
    % Rentals under Section 8
    		2.7%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$730$1,300$2,030
    2 Bedroom$890$1,550$2,440
    3 Bedroom$1,330$1,950$3,280
    4 Bedroom$730$3,000$3,730

    Affordability — Sandy, UT

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.7
    Median Home Price$811,000
    Median Household Income$132,000

    Sandy, UT — ZIP Code Boundary Map

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    Nearby ZIP Codes

    White City, UT

    84094

    Sandy, UT

    84070

    Midvale, UT

    84047

    Holladay, UT

    84117

    Holladay, UT

    84124

    Frequently Asked Questions